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    1618 SW 23Rd Ter Cape Coral, FL 33991

    Sponsored
    Picture of Commercial land at SW 23Rd Ter 1618, Cape Coral, FL
    For Sale
    $2,167,000

    COMMERCIAL - Cape Coral, FL

    Lot size:
    1.99 Acres
    Days on Market:
    184
    Last Refresh:
    Jan 7 at 3:06 am

    Property Features for 1618 SW 23Rd Ter

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    28-44-23-C3-04804.0010
    Lot size
    1.99 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Professional Realty (239) 772-1010

    Listing agent Jack Britton (239) 851-2090 License #252000141

    Listing date Jul 8, 2025

    Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cape Coral Commercial Corner Site

    This 1.99-acre commercial corner site is located in the rapidly growing southwest area of Cape Coral. The unique, long and narrow site features 693 feet of street frontage on SW 23rd Terrace. City water, sewer, and irrigation are available. The property in front of the site is County Owned Right of Way, ensuring excellent visibility from Veterans Parkway. It is suitable for a multi-tenant neighborhood shopping plaza to service the surrounding area. The buyer will assume assessment balances at closing. The seller will consider owner financing for a qualified buyer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -82.00739
    Latitude
    26.60792

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    FAQs

    What type of property is this?
    Commercial land - 1.99 acre commercial corner site in rapidly growing Cape Coral.
    Where is this commercial land located?
    The property is located at 1618 SW 23Rd Ter Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $2,167,000.
    What are key features of this property?
    This property features: - 1.99 acre commercial corner site on Veterans Parkway.; - High visibility due to County Owned Right of Way in front.; - Located in a rapidly growing SW area of Cape Coral.
    (239) 851-2090
    Request Owner's contact information
    1618 SW 23Rd Ter Cape Coral, FL 33991
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1618 SW 23Rd Ter Cape Coral, FL 33991
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